7 Reasons Why Bitcoin Attacks Will Continue

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Publicated : 22/11/2024   Category : security


7 Reasons Why Bitcoin Attacks Will Continue


Cryptographic currencys rising value makes it an appealing target for cybercrime gangs and crimeware toolkit developers



Bitcoins: Currency of the future, or perpetual plaything of Ponzi-schemers and money launderers?
Regardless of your views on the virtual currency or value system, just like dollars -- physical or electronic -- the cryptographic currency can be used for honest and dishonest dealings alike. But by using bitcoins, people expose themselves to additional information security risks. For starters, thats because the skyrocketing value of a bitcoin has driven criminals to hunt for, and exploit, any and every related weakness they can find. Furthermore, when it comes to the infrastructure supporting bitcoins, weaknesses abound.
With that in mind, here are seven reasons why the increasing volume of bitcoin-targeting attacks wont stop.
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7 Reasons Why Bitcoin Attacks Will Continue